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Description

1652 Pine Tree Shilling. Large Planchet. Noe-8, Salmon 7-E. Rarity-4. Ligatured NE In Legend. Fine-12 Planchet Heavily Clipped.40.8 grains. The planchet has been heavily clipped to remove much of the periphery, the resulting coin being similar in size to a Massachusetts Bay Colony sixpence. There is considerable wear through the centers, as well, but part of the obverse tree and much of the reverse date and denomination are discernible. Nicely toned in a blend of various gray shades, a reverse pin scratch below the denomination is noted for accuracy. Clipping of the rims of coins is no doubt as old as coinage itself. The Massachusetts Bay Colony issues suffered greatly from the practice of stealing a tiny sliver of a coin's rim before passing it on -- steal enough little slivers and you have a shilling's worth of silver. Unscrupulous merchants probably benefited best as they handled much in the way of Massachusetts silver in their day-to-day transactions and thus had the opportunity, if so inclined, to help themselves to a sliver from the rim of a coin or two. We can't help but wonder whether these same unscrupulous merchants would take a clipped coin at its face value in a business transaction.PCGS# 45373.